$XRP Long Setup Bounce From Major Support | 1W Analysis.
Trade Direction: LONG
Entry Zone: 1.02 - 1.045
Stop Loss: 0.995
Take Profits:
TP1: 1.08
TP2: 1.12
TP3: 1.18
Why this setup?
Price has formed a clear higher low after the sharp liquidity sweep below 1.02. Strong bounce from the 1.02 support zone visible on the chart. Current price holding above the dashed horizontal level (~1.045 area). Recent candles show bullish momentum with green recovery bodies.
Lower high but potential higher low formation early signs of bottoming on the 1W timeframe.
What’s your take will $XRP reclaim 1.10+ this week or retest lows first.
#xrp #crypto #altcoins #TrendingTopic
Trade Direction: LONG
Entry Zone: 1.02 - 1.045
Stop Loss: 0.995
Take Profits:
TP1: 1.08
TP2: 1.12
TP3: 1.18
Why this setup?
Price has formed a clear higher low after the sharp liquidity sweep below 1.02. Strong bounce from the 1.02 support zone visible on the chart. Current price holding above the dashed horizontal level (~1.045 area). Recent candles show bullish momentum with green recovery bodies.
Lower high but potential higher low formation early signs of bottoming on the 1W timeframe.
What’s your take will $XRP reclaim 1.10+ this week or retest lows first.
#xrp #crypto #altcoins #TrendingTopic